SoftwareOne (OTCMKTS:SWONF) Shares Gap Down – Here’s Why

SoftwareOne Holding AG (OTCMKTS:SWONF) gapped down before the market opened on Wednesday . The stock had previously closed at $9.40, but opened at $9.00. SoftwareOne shares last traded at $9.00, with a volume of 200 shares traded.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on SWONF. Citigroup reissued a “neutral” rating on shares of SoftwareOne in a report on Friday, November 14th. Morgan Stanley lowered SoftwareOne to an “underweight” rating in a report on Monday, January 12th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Reduce”.

SoftwareOne Price Performance

The stock has a 50 day moving average price of $10.51 and a 200-day moving average price of $10.05.

SoftwareOne Company Profile

SoftwareOne (OTCMKTS:SWONF) is a global provider of end-to-end software and cloud portfolio solutions, helping organizations optimize their software licensing, cloud migrations and ongoing digital transformation initiatives. The company partners with leading software publishers, hyperscalers and managed service providers to deliver advisory, procurement and lifecycle management services under a unified engagement model. Its platform-agnostic approach enables clients to simplify complex licensing scenarios, reduce costs and improve governance across on-premises, cloud and hybrid environments.

Founded in 1985 in Stans, Switzerland, SoftwareOne has expanded through organic growth and strategic acquisitions to establish a presence in more than 90 countries worldwide.